von viktoriaadmin | Nov 30, 2022 | Bookkeeping
Vertical integration allows leaders to see the full picture of their business — from customer to creative. The following strategies will often cover multiple goals simultaneously. Susan Ward wrote about small businesses for The Balance for 18 years. She has run an IT...
von viktoriaadmin | Nov 17, 2022 | Bookkeeping
FreshBooks Software is a valuable tool that can help businesses efficiently manage their financial health. Contingent liabilities must pass two thresholds before they can be reported in financial statements. First, it must be possible to estimate the value of the...
von viktoriaadmin | Nov 3, 2022 | Bookkeeping
In this blog post, we will discuss the different types of non-cash expenses, how to account for them, and how they can affect your bottom line. Understanding and properly managing non-cash expenses can be a powerful tool in helping you achieve financial success. There...
von viktoriaadmin | Sep 22, 2022 | Bookkeeping
Conversely, the cost of the t-shirts themselves would not be considered overhead because it’s directly linked to your product (and obviously changes based on the volume of products you create and sell). Fixed costs are predetermined overhead rate formula those that...
von viktoriaadmin | Jul 18, 2022 | Bookkeeping
An accountant is a financial professional responsible for managing and analyzing financial information. Accountants use their expertise to ensure accurate financial reporting, compliance with regulations, and effective financial management. They play a pivotal role in...
von viktoriaadmin | Jun 2, 2022 | Bookkeeping
Some companies also break down revenues and expenses more thoroughly than others. With that in mind, the following is a look at the common revenue items on an income statement. In fact, investing activities are those that are directly related to the growth of your...